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    347 Main St Water Valley, MS 38965

    Sponsored
    For Sale
    $350,000

    Prime 1-acre lot, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1-acre commercial lot is strategically located on South Main Street in Water Valley, Mississippi, within Yalobusha County. Boasting approximately 150 feet of paved road frontage, this property benefits from significant passing traffic, making it an ideal location for a variety of commercial ventures. The surrounding area is already home to numerous other businesses, creating a vibrant and established commercial environment. The asking price for this property is $350,000. It's important to note that the lot is situated in a flood zone, requiring some dirt work to increase elevation. This presents a unique opportunity for a buyer to tailor the land to their specific needs. The property's proximity to Oxford, Mississippi (approximately 20 miles north) adds to its appeal, offering access to a larger regional market. Utilities are conveniently located nearby, simplifying the development process. This is a rare chance to acquire a well-positioned commercial lot in a thriving Mississippi community. The address is 347 S Main St, Water Valley, MS 38965.

    Property Features for 347 Main St

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑acre commercial lot in Water Valley, MS, on S Main St, with 150 ft of road frontage, priced at $350,000.
    • High traffic counts and established commercial surroundings.
    • Located in a flood zone; requires site preparation.
    • Proximity to Oxford, MS (approx. 20 miles).
    • Utilities readily available.
    • Address: 347 S Main St, Water Valley, MS 38965.
    Property Profile Location Intelligence

    Current Use by Public Records

    Main Street Storage Self-Storage Facility

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Water Valley
    County
    Yalobusha
    State
    Mississippi
    Longitude
    -89.6353477
    Latitude
    34.1429805

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    FAQs

    What type of property is this?
    Land - Prime 1-acre lot, high traffic area.
    Where is this land located?
    The property is located at 347 Main St Water Valley, MS.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 1-acre commercial lot in Water Valley, MS, on S Main St, with 150 ft of road frontage, priced at $350,000.; High traffic counts and established commercial surroundings.; Located in a flood zone; requires site preparation.
    Request Owner's contact information
    347 Main St Water Valley, MS 38965
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    347 Main St Water Valley, MS 38965
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